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Dec 13, 2012
12/12
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this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its map debacle and google will do it for them. >> jilted lovers and talking about reuniting, that is what google and apple are doing here. we talked about the sort of backlash apple received after kicking out google maps. google maps unveiling a new app that brings the two together. top download today. 11,500 reviews and four stars. users are in love. i missed you, please don't ever leave again. adam: why is that? >> they scale them. different user interface. there is different coding necessary. it will come. just not out available. adam: why not get an android device, call it a day with google? >> that's wha
this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its map debacle and google...
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Nov 8, 2012
11/12
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KPIX
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next tuesday, congress convenes and the top discussion will be on that "fiscal cliff." at the white house, tara mergener cbs 5. >> mitt romney and his wife left their boston hotel this morning. their future is uncertain. romney spent the past six years running for president. what's next? the initial plan is to spend time with family. but his wife recently said he will not run again for president. there is april general consensus the 65-year-old politician was unlikely -- there is a general consensus the 65-year-old politic was unlikely to disappear from the public altogether. >>> voters endorsed proposition 30, governor brown's plan to hike sales and income taxes to raise $6 billion to balance the state budget. so what comes next? cbs 5 political insider phil matier spoke with the governor today. phil. >> reporter: that's right. this is a first step, but we didn't go off the cliff but it's still a rocky road here in sacramento and for california. >>> we're not going to see the $5.5 billion of cutbacks to k- 12. >>> reporter: educators however say there's still more to b
next tuesday, congress convenes and the top discussion will be on that "fiscal cliff." at the white house, tara mergener cbs 5. >> mitt romney and his wife left their boston hotel this morning. their future is uncertain. romney spent the past six years running for president. what's next? the initial plan is to spend time with family. but his wife recently said he will not run again for president. there is april general consensus the 65-year-old politician was unlikely -- there...
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Dec 13, 2012
12/12
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CNNW
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how will the fiscal cliff hurt us. >> this is a big answer. i don't know your specific situation, but the bottom line is it will probably affect small businesses in a couple ways. first of all, they tend to deduct things and run their taxes many ways through their personal income. you may fall into the alternative minimum tax and the bad thing about that is that you can't deduct things. the department of revenue says we'll go from 4 million people who file under amt, that will explode. the other thing is there will be fewer deductions quite possibly. one of the advantages is you can deduct lots of things. many of those will change. you'll have to speak to your accountant about the specifics, but it will probably have an effect on you if you're a small business. if you're swlf employed, especially more things that will affect you because the things you pay like medicare iks payroll tax deduction, those will fall to you. make sure you get it right. if you're a major corporation, you have a team accountants figuring this out. >> i'm only going to
how will the fiscal cliff hurt us. >> this is a big answer. i don't know your specific situation, but the bottom line is it will probably affect small businesses in a couple ways. first of all, they tend to deduct things and run their taxes many ways through their personal income. you may fall into the alternative minimum tax and the bad thing about that is that you can't deduct things. the department of revenue says we'll go from 4 million people who file under amt, that will explode....
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reach a deal to avert the fiscal cliff. >>> a developing story out of north korea. the country may set off a long range rocket as early as this monday. that's according to media reports in south korea. the rocket is reportedly being fueled, but heavy snowfall may have slowed down preparations. north korea wants to launch what it calls a peaceful satellite sometimes before november 22nd. the u.s. believes the rocket is a cover to test missile technology. >>> president obama is speaking out against ongoing unrest in egypt. he has called egyptian president mohamed morsi to express concern about recent protests that have resulted in numerous deaths and injuries, calling the violence unacceptable. president obama did welcome morsi's call for talks with opposition leaders. this comes after a violent week in cairo. on wednesday night, six were killed and nearly 700 injured in protest outside morsi's palace. >>> this morning d.c. mayor vincent gray will announce a new flood prevention for bloomingdale. this comes after flash floods swamped that neighborhood last summer. it
reach a deal to avert the fiscal cliff. >>> a developing story out of north korea. the country may set off a long range rocket as early as this monday. that's according to media reports in south korea. the rocket is reportedly being fueled, but heavy snowfall may have slowed down preparations. north korea wants to launch what it calls a peaceful satellite sometimes before november 22nd. the u.s. believes the rocket is a cover to test missile technology. >>> president obama is...
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Dec 27, 2012
12/12
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reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication between the president, leaders of congress are open. whether those lines are used repeatedly over the next few days to reach a fisca
reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats...
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Dec 12, 2012
12/12
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cliff." the president and house speaker john boehner talked on the phone last night. the white house lowered the amount of revenue it wants to generate from taxes. republicans say they are still waiting to hear from the president about spending cuts. >>> today the federal reserve is expected to announce a revamped bond buying plan to help boost the economy. the fed's goal is to keep interest rates low and encourage individuals and companies to borrow and spend. experts say that could at least soften the blow from tax increases and spending cuts that will all kick in next month if they don't reach a budget deal. >>> a san francisco-based bank loses its top spot as far as keeping its customers happy. wells fargo has slipped to second place behind jpmorgan chase when it comes to customer satisfaction among big banks. it's the first time in a decade that wells fargo has not ranked number one in the american customer satisfaction index. bank of america's rating is also down to a ten-year low. >>>
cliff." the president and house speaker john boehner talked on the phone last night. the white house lowered the amount of revenue it wants to generate from taxes. republicans say they are still waiting to hear from the president about spending cuts. >>> today the federal reserve is expected to announce a revamped bond buying plan to help boost the economy. the fed's goal is to keep interest rates low and encourage individuals and companies to borrow and spend. experts say that...
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Dec 13, 2012
12/12
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KRON
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. >> no one seems to be budging as a country edges to the fiscal cliff. house speaker says there is serious differences between him and president volvo on how to avert. >> the negotiation could beyond that. the house speaker has told gop lawmakers not to make plans for the week after christmas. >> senate democrats have hobble together a $64 billion disaster impact for new york new jersey and other states that were hit by superstores standing. >> about $9 billion will be spent over the next nine months in addition $12 billion the following year. >> >> the federal reserve has announced it is expanding its controversy a stimulus program in an effort to keep long-term interest rates near record lows. >> the fed said yesterday that it plans on by $45 billion in treasuries and $40 billion in mortgage- backed securities each month. federal german man bernanke says concerns over the fiscal cliff has prompted him to keep the federal funds rate low. says tl bank believes the crisis will be resolved without any major long-term harm. >> centerethe november deficit s
. >> no one seems to be budging as a country edges to the fiscal cliff. house speaker says there is serious differences between him and president volvo on how to avert. >> the negotiation could beyond that. the house speaker has told gop lawmakers not to make plans for the week after christmas. >> senate democrats have hobble together a $64 billion disaster impact for new york new jersey and other states that were hit by superstores standing. >> about $9 billion will be...
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be the antidote to the fiscal cliff it has been suggested as more and more seem to believe us housing is in a recovery our guest is here for a reality check and bloated bureaucracy we complain about it when it comes to the government but does the problems bill over to public universities the numbers seem to say yes and some professors are revolting we'll tell you about at least change let's get to today's capital account. as you well know everyone is obsessing over the fiscal cliff from the press to politicians working on a deal to this seventy three percent of conference participants at the wall street journal's c.e.o. council in washington who reportedly said it is their primary concern now while everyone is focusing on how to avert a recession and had their eyes on president obama's press conference today for clues about averting the proverbial cliff was there another hearing on capitol hill that was far more under the radar but dealing with another issue entirely they could give us an indication of where the economy is headed. the stronger capital standards in our proposal would s
be the antidote to the fiscal cliff it has been suggested as more and more seem to believe us housing is in a recovery our guest is here for a reality check and bloated bureaucracy we complain about it when it comes to the government but does the problems bill over to public universities the numbers seem to say yes and some professors are revolting we'll tell you about at least change let's get to today's capital account. as you well know everyone is obsessing over the fiscal cliff from the...
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who could be hurt the most if we plunge off the fiscal cliff. he'll have lunch with a group of middle class americans. their taxes could sky rocket if congress and budget by the end of the year. the white house has highlighted several middle l class famili familiar -- families' struggles in making a case for the deal. >>> cnbc's kayla is live with that and more. good morning. >> good morning, eun. >>> investors are waiting that big economic report of the day. the november jobs report due out before the opening bell, and hurricane sandy is expected to have made a big dent last month as the storm slammed into the east coast. forecast called for just 80,000 jobs to have been added to payrolls. that's versus 171,000 in october. that would be the smallest growth in five months. snap back is expected in december and unemployment holding steady at 7.9%. >>> and "the washington post" is considering a pay wall for its website. it's one of the last national newspapers to hold off on such a move. the post will likely implement a metered pay wall, meaning p
who could be hurt the most if we plunge off the fiscal cliff. he'll have lunch with a group of middle class americans. their taxes could sky rocket if congress and budget by the end of the year. the white house has highlighted several middle l class famili familiar -- families' struggles in making a case for the deal. >>> cnbc's kayla is live with that and more. good morning. >> good morning, eun. >>> investors are waiting that big economic report of the day. the...
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Dec 3, 2012
12/12
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KRON
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house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing for a house vote. >> we think it would be a wonderful christmas gift for the american people to receive a ta
house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get...
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Dec 14, 2012
12/12
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cliff had broken down. it's official: well-known consumer watcher elizabeth warren will serve on the senate banking committee. and it's up and up for adobe. shares of adobe traded higher after hours by 4% after the company reported earings that topped expectations. there's the sound of the bell. mark sebastian of option pit mentoring and consulting joins us on this friday. good to see you on the show today. > > good morning. > what will the friday trade look like? > > you know, i've been watching a couple of things: gold got obliterated yesterday, i think on technical selling. it's interesting, if you look at this last quarter, everything that people made money on in the first nine months of the year - first three quarters - is getting absolutely torched: gold, apple, commodities. why? i think there is some profit- taking for tax planning purposes ahead of what could be this fiscal cliff. > there has been a lot of talk surrounding best buy and going private. is this stock a buy at current levels? > > if sch
cliff had broken down. it's official: well-known consumer watcher elizabeth warren will serve on the senate banking committee. and it's up and up for adobe. shares of adobe traded higher after hours by 4% after the company reported earings that topped expectations. there's the sound of the bell. mark sebastian of option pit mentoring and consulting joins us on this friday. good to see you on the show today. > > good morning. > what will the friday trade look like? > > you know,...
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Dec 28, 2012
12/12
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FOXNEWSW
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we are following the latest on the fiscal cliff negotiations. there's a big white house meeting going on today. but the white house says it's not open to negotiation. so we will tell you about that. also coming up on the show special drink to make this new year's eve and the skwlooifrng cure for the after all coming up top of the hour. see you then. i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without
we are following the latest on the fiscal cliff negotiations. there's a big white house meeting going on today. but the white house says it's not open to negotiation. so we will tell you about that. also coming up on the show special drink to make this new year's eve and the skwlooifrng cure for the after all coming up top of the hour. see you then. i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting...
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despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the morning or something, if that's okay. captioning funded by cbs >> this is the "cbs morning news" for thursday, december 6, 2012. >>> good morning, everybody. i'm terrell brown. stunning. that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republica
despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the...
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Nov 8, 2012
11/12
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the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad day for wall street. >> i don't think it's for the best of the country. i had a good feeling that romney was going to be a better candidate for the economy. not bowl. obama. >> many offices in history manhattan remain closed. new york city officials have struggled to turn power back on after hurricane sandy hit last week. >>> following an overnight plunge on wall street tokyo
the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address...
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Dec 28, 2012
12/12
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rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can
rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it....
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. >> we're now four weeks from that so called fiscal cliff and talks between democrats and republicans in washington have stalled. january 1 bush era tax cuts cuts affecting defense and social spending. house republicans offered a plan including $800 billion in revenue. the president says it's not good enough. >> we're going to have to see the rates on the top 2% go up z we're not going to be able to get a deal without it. it's not:hlj partisan. >> the plan is also not popular with some republicans. opular with some republicans. conceding that the federal government needs more money negotiating with ourselves and treating the proposal like it's serious. >> there is one area that may have found common ground. raising the age when seniors can receive some medicare. >> an eight day strike by shippingl2?sq)ks. both sides agreed to mediation. lines being7kuñ honored by 10,0 long shore men. the strike against 14 shipping lines is costing the u.s. economy $1 bi=es; a day in lost trade. the union jobs claims jobs being shipped overseas. the port says it's offering clerks lifetime job secur
. >> we're now four weeks from that so called fiscal cliff and talks between democrats and republicans in washington have stalled. january 1 bush era tax cuts cuts affecting defense and social spending. house republicans offered a plan including $800 billion in revenue. the president says it's not good enough. >> we're going to have to see the rates on the top 2% go up z we're not going to be able to get a deal without it. it's not:hlj partisan. >> the plan is also not popular...
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Dec 17, 2012
12/12
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WRC
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cliff. president obama and house speaker boehner met at the white house today. they were together for about 45 minutes. boehner offered no comment to reporters. speaker boehner has reportedly offered to increase tax rates on americans making more than a million. president obama is pushing for a cutoff of $250,000 a year for individuals. if they don't reach an agreement, tax rates will go up. >>> tim scott will take south carolina's rake resident senate seat, making him the first african-american senator from the south since reconstruction. he will also be the only african-american senator in congress right now. nikki haley selected scott today. scott is a republican. he says he will continue to be a fiscal conservative. >>> boy, is it soupy out there tonight. dense fog has led to some major delays at vwi airport, among others. we're looking at delays where nearly 300 flights have been canceled there, but also many of the other airports, philadelphia, laguardia, all seeing major impacts from
cliff. president obama and house speaker boehner met at the white house today. they were together for about 45 minutes. boehner offered no comment to reporters. speaker boehner has reportedly offered to increase tax rates on americans making more than a million. president obama is pushing for a cutoff of $250,000 a year for individuals. if they don't reach an agreement, tax rates will go up. >>> tim scott will take south carolina's rake resident senate seat, making him the first...
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Dec 12, 2012
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a result of the fiscal cliff deal. they don't want to see a lapse, for instance, in the payroll tax cut. although they'd be fine with it being replaced by something else. unemployment insurance passed, infrastructure spending, those are incentives for the white house to cut a deal on the fiscal cliff as opposed to just going over it and saying, okay, we'll just take the, you know, sequester cuts and bush tax rates. >> that's right, and they were willing to do that in 2010 and were criticized, of course, by the base of the party because they felt so strongly about the stimulus measures. that shows how firmly the president is going to fight for those in the final package. >> i think there's so many reasons why boehner has to take a deal, though, in addition. if you look at the polls, 2 to 1, the public blames the republicans if there is no deal. and he's, meanwhile, gotten his tea party radicals, he's punished them for not following his line and his leadership. so, you know, look at wall street, they so far the market's
a result of the fiscal cliff deal. they don't want to see a lapse, for instance, in the payroll tax cut. although they'd be fine with it being replaced by something else. unemployment insurance passed, infrastructure spending, those are incentives for the white house to cut a deal on the fiscal cliff as opposed to just going over it and saying, okay, we'll just take the, you know, sequester cuts and bush tax rates. >> that's right, and they were willing to do that in 2010 and were...
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Dec 18, 2012
12/12
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. >>> still ahead this morning, president obama makes a counter offer to republicans on the fiscal cliff. the white house giving some ground on taxes, but will it be enough to find a compromise with just two weeks to go until the final deadline? if you want a piece of really good news, we have some for you. about a member of our nbc family. after being kidnapped and held for five days inside syria by an unknown group, richard engel and his production crew members have been freed unharmed. they are safely out of the country. richard one of the best reporters on the planet, covering stories from egypt to north korea and we are extremely happy to have him and his crew safe. we'll be right back. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at gr
. >>> still ahead this morning, president obama makes a counter offer to republicans on the fiscal cliff. the white house giving some ground on taxes, but will it be enough to find a compromise with just two weeks to go until the final deadline? if you want a piece of really good news, we have some for you. about a member of our nbc family. after being kidnapped and held for five days inside syria by an unknown group, richard engel and his production crew members have been freed...
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Dec 6, 2012
12/12
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the white house is saying publicly it will let the nation go over the fiscal cliff if republicans don't fall in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled business for the rest of the week. house speaker john boehner is saying that's not going to stop negotiations though. in the meantime pentagon officials say the white house has ordered the military to start planning for the possibility of cutting $500 billion from its budget over the next decade in case no fiscal
the white house is saying publicly it will let the nation go over the fiscal cliff if republicans don't fall in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously...
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we are always talking about fiscal cliff but what about housing? is everything in your portfolio still depend on a recovery or is having an overall market driver lost its punch? liz and saunders, chief investment strategist at charles schwab and which sidles through and why she thinks the recovery is just beginning. this company depends on you making trades for your portfolio and so far you the retail investor are still on the sidelines. td ameritrade joe moakley weighs in on that, on whether the age of the supersized bank is over and the massive life change he made off of the sidelines and into a real football game. let's get to the floor show. we have freighters at the stock exchange, cme group and nynex. give me your thoughts. we go through grinding higher as far as the broader markets are concerned except for the russell which is looking weaker right now. just turned positive. we are all green for the major indices. does this continue through tomorrow? >> hard to tell. if you look at the way the markets have traded on an intraday basis we have
we are always talking about fiscal cliff but what about housing? is everything in your portfolio still depend on a recovery or is having an overall market driver lost its punch? liz and saunders, chief investment strategist at charles schwab and which sidles through and why she thinks the recovery is just beginning. this company depends on you making trades for your portfolio and so far you the retail investor are still on the sidelines. td ameritrade joe moakley weighs in on that, on whether...
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Dec 6, 2012
12/12
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cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's right. it's important to do research. >> absolutely. >> do your homework. >>> apple stock is coming off one of its worst sections on
cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader...
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could housing be the antidote to the fiscal cliff i don't know some people probably hope so there certainly seems to be this consensus building around this idea that us housing is we're covering sounds like our guest has a lot of reason to say not so fast guys let's hear why chris wayland senior managing director from tangent capital partners will explain so chris this article was was talking about the chief investment strategist at charles schwab who is saying that the economic recovery is going to be built literally with four walls it's housing it's it's it's recovering and it kind of as this consensus it seems like it is building around this idea that the u.s. housing market has turned in his recovery is it. no i think go the way we're going to define recovery is that prices are going to stabilize in some markets where you have a lot of either investor activity or just local demand you're going to see prices go up single digits but the days of housing i think is the dominant most expansive part of the u.s. economy which it was for quite a number of years i think or over there's just so m
could housing be the antidote to the fiscal cliff i don't know some people probably hope so there certainly seems to be this consensus building around this idea that us housing is we're covering sounds like our guest has a lot of reason to say not so fast guys let's hear why chris wayland senior managing director from tangent capital partners will explain so chris this article was was talking about the chief investment strategist at charles schwab who is saying that the economic recovery is...
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Nov 14, 2012
11/12
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cliff. the white house is showing its cards and sending a message ahead of the president's face-to-face meeting with republican congressional leaders. it'll take place on friday. president obama plans to open negotiations by calling for $1.6 trillion in additional tax revenue over the next decade. that amount is likely far more than republicans would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the president is scheduled to meet with ceos from a dozen companies among them general electric, ford and ibm. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would "not budge" when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio was among those at the white house m
cliff. the white house is showing its cards and sending a message ahead of the president's face-to-face meeting with republican congressional leaders. it'll take place on friday. president obama plans to open negotiations by calling for $1.6 trillion in additional tax revenue over the next decade. that amount is likely far more than republicans would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the...
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Dec 5, 2012
12/12
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. >>> another big story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following t
. >>> another big story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and...
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Dec 8, 2012
12/12
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but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other off
but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're...
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Dec 6, 2012
12/12
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. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year
. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your...
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Nov 5, 2012
11/12
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. >>> and with america less than two months from hitting the fiscal cliff, house speaker john boehner says don't expect a permanent fix from this lame duck congress. in an exclusive interview with cnn, speaker boehner says the best we can hope for is something temporary. >> lame duck congresses aren't known for doing big things. and lame duck congresses probably shouldn't do big things. so i think the best you can hope for is some kind of a bridge. some kind of a temporary push back of the sequester and then we have the debt limit right behind it in february. so i would think that will be the best you could hope for. and even that is going to be very difficult to do. >> congress faces an end of the year deadline before spending cuts kick in and tax breaks begin to expire. sunday night football action. the atlanta falcons beat the dallas cowboys 19-13. atlanta is now the only undefeated team in the nfl. and they did it the hard way on the strength of four field goals from matt bryant. >>> coming up, husrricane sandy could have a big effect on election day. we'll take you to a high scho
. >>> and with america less than two months from hitting the fiscal cliff, house speaker john boehner says don't expect a permanent fix from this lame duck congress. in an exclusive interview with cnn, speaker boehner says the best we can hope for is something temporary. >> lame duck congresses aren't known for doing big things. and lame duck congresses probably shouldn't do big things. so i think the best you can hope for is some kind of a bridge. some kind of a temporary push...
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Dec 13, 2012
12/12
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next up, the president and the house speaker look at white house looking over the fiscal cliff together. what's happening? initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> here we are at the 11th hour and the president still isn't serious rabbit dealing with this issue right here. it's this issue. spending. >> how are you feeling about a deal? optimistic? >> still a work in progress. >> speaker ban boehner says he s waiting to hear more from you. >> merry christmas. >> bret: "merry christmas." the white house, president invited speaker boehner to the white house. they just wrapped up a meeting at the top of the show. we're just getting a read-out. apparently treasury secretary was in the meeting as well. this is the statement. the president and the speaker had a frank meeting -- love the word "frank" describing the meetings -- in the oval office tonight. it lasted 50 minutes. there will be no further r
next up, the president and the house speaker look at white house looking over the fiscal cliff together. what's happening? initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> here we are at the 11th hour and the president still isn't serious rabbit dealing with this issue right here. it's this issue....
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Dec 28, 2012
12/12
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and announcement of a fiscal cliff meeting at the white house, and reversal of fortune. dow bounced back before finishing slightly lower. >>> the most popular american general since world war ii, and tributes are pouring in for stormin norman schwarzkopf. he testeam rolled the iraqi military is in 1991 gulf war, liberating kuwait. he may have been the perfect front man for the first war who played out live in your living rooms. barbara starr live at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted b
and announcement of a fiscal cliff meeting at the white house, and reversal of fortune. dow bounced back before finishing slightly lower. >>> the most popular american general since world war ii, and tributes are pouring in for stormin norman schwarzkopf. he testeam rolled the iraqi military is in 1991 gulf war, liberating kuwait. he may have been the perfect front man for the first war who played out live in your living rooms. barbara starr live at the pentagon. barba barbara, a great...
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Dec 6, 2012
12/12
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. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year
. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your...
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Dec 7, 2012
12/12
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KTVU
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. >> negotiations to avoid the fiscal cliff are stalled and the white house budget office ordthered pentagon to prepy -- ordered the pentagon to start preparing for spending cuts. >>> the san francisco based california institute for medicine has distributed a billion dollars in bond money for stem cell research. the review found too many members of the board are from schools that won funding. they recommended a restructuring to avoid the appearance of conflict of interest. >>> apple and samsung went head to head again over some of its most prized patents. ktvu's ann rubin is live. >> reporter: the judge said she would prefer if both sides went back to the negotiating table but will rule if she has to. neither side is happy. samsung is fighting a judgment against them, apple says they should pay that and more. it stems from a trial over whether they copied apple technology. the jury sided with apple but the company believes it didn't go far enough and it should require some projects be taken off the market. samsung doesn't like the judgment either. they argue it should be revised that the jur
. >> negotiations to avoid the fiscal cliff are stalled and the white house budget office ordthered pentagon to prepy -- ordered the pentagon to start preparing for spending cuts. >>> the san francisco based california institute for medicine has distributed a billion dollars in bond money for stem cell research. the review found too many members of the board are from schools that won funding. they recommended a restructuring to avoid the appearance of conflict of interest....
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Dec 6, 2012
12/12
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the white house is preparing for the worst if negotiations fail to avoid the fiscal cliff. >> one possibility in all of this, simply no agreement. the impact on the government and every single american taxpayer. it's thursday, december 6th. >> announcer: from abc news, this is "world news now." >>> good thursday morning. >> morning. >> i'm paula faris. we did establish morning is spelled m-e-r-n-i-n-g. >> m-e-r-n-i-n-g. nicely done. >> "merning," everybody. >> i'm rob nelson. we'll get to the discouraging situation on the fiscal cliff in just a moment. we do have each a verbable this morning. >> not yet. >> going to wait for it. very high tech. >> so high tech. working on this prop all day. all morning. >> weeks of planning. >>> we also have a major development in the case of software mogul john mcafee arrested last night. this morning police are taking more action after he tried to seek asylum in guatemala. a strange story gets even stranger. again he is now under arrest. >> bizarre to the nth degree there. >> yeah. >>> also this morning -- weeding through all the details on washington state
the white house is preparing for the worst if negotiations fail to avoid the fiscal cliff. >> one possibility in all of this, simply no agreement. the impact on the government and every single american taxpayer. it's thursday, december 6th. >> announcer: from abc news, this is "world news now." >>> good thursday morning. >> morning. >> i'm paula faris. we did establish morning is spelled m-e-r-n-i-n-g. >> m-e-r-n-i-n-g. nicely done. >>...
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Dec 21, 2012
12/12
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CSPAN
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we are 11 days away from going over the fiscal cliff. we feel strongly about the need of this institution to state its position on this. we heard the majority leader in the united states senate indicate that he does not want to bring up this measure if it passes the house of representatives. the president hu has indicated this bill would not gain his signature. i cannot think anyone is convinced that the bill we are going -- the president has indicated this bill would not gain his signature. i do not think anyone is convinced that the bill we are going to vote on will be passed. we believe mr. bennett has made some bold steps in working -- mr. boehner has made some bold steps in working to make sure we cannot go over the fiscal cliff. -- do not cool over the fiscal cliff. the actions he has taken will be a positive stay tuned -- steps to enhance the chances. he paused itself -- the process has not been perfect. i will say this. if you look at what it is we have concluded, the $238 billion over 10 years reduction, the reconciliation packa
we are 11 days away from going over the fiscal cliff. we feel strongly about the need of this institution to state its position on this. we heard the majority leader in the united states senate indicate that he does not want to bring up this measure if it passes the house of representatives. the president hu has indicated this bill would not gain his signature. i cannot think anyone is convinced that the bill we are going -- the president has indicated this bill would not gain his signature. i...
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Dec 6, 2012
12/12
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CNBC
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let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job creators. the problem here is the 1986 act that equalized corporate and personal rates. so the most important thing is to have an internationally competitive corporate rate of 25% and a territorial tax system and then individuals who have been filing their businesses as s-corporations or pass-through corporations can incorporate and get that lower rate. they can negotiate on the individual rates. >> so you don't think the ordinary income, then, the 39.6% that we're talking about, in that case, would apply to small business. they would fall under the corporate tax rate. >> yes, exactly. people forget that until 1986, corporate and individual rates were separate. a big part of the '86 act was to equalize them. there's
let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job creators. the problem here is the 1986 act that equalized corporate and personal rates. so the most important thing is to have an internationally competitive corporate rate of 25%...
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Dec 14, 2012
12/12
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we are 18 days away from going over the fiscal cliff. the president and house speaker john boehner hard at work trying to avoid the economic disaster. the two met for about 50 minutes to make progress toward a deal. neither side would go into detail about what happened. boehner criticized the president for unwillingness to compromise. >> the president promised balanced approach his proposals have been anything but. he wants far more in tax hikes than in spending cuts. >> after late day meeting boehner said talks were quote doing great. >> new details emerging about the man who opened fire inside the crowded mall in oregon. jacob roberts roommate says he had a weird look on his face when he left the house. roberts apparently wanted to join the marines. a foot injury kept him from doing that. he shot and killed two people inside of a mall on thursday before he turned the gun on himself. a 15-year-old victim still remains in the hospital in serious condition. the mall is set to reopen later today. >>> this is a troubling story med af will h
we are 18 days away from going over the fiscal cliff. the president and house speaker john boehner hard at work trying to avoid the economic disaster. the two met for about 50 minutes to make progress toward a deal. neither side would go into detail about what happened. boehner criticized the president for unwillingness to compromise. >> the president promised balanced approach his proposals have been anything but. he wants far more in tax hikes than in spending cuts. >> after late...
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Dec 14, 2012
12/12
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year fiscal cliff. no progress to report. coming up at 5:15 the new strategy our washington, d.c. newsroom is hairing about that involve -- that is hearing about that involves sending the country over the fiscal cliff. >>> sal is back. he's ready to tell us about our friday morning. >> you know it actually is off to a very nice start. we were look at some of that road work. it's been picked up in many areas if that is very good news. also checking in with public transportation. so let's go outside and take a look at 80 westbound as you head out to the mccarthur maze. no major problems here and it looks good from vallejo all the way to berkeley and the bay bridge toll plaza and. and a lot of people want to know what the toll plaza looks like. san jose and the santa clara valley northbound 101 and 280 doing very well. northbound 17 traffic also looks very well. it is 5:07 let's go to steve. >>> sal. i just had my first tweet from cal hollow. >> really? >> well i love getting information from the city. all
year fiscal cliff. no progress to report. coming up at 5:15 the new strategy our washington, d.c. newsroom is hairing about that involve -- that is hearing about that involves sending the country over the fiscal cliff. >>> sal is back. he's ready to tell us about our friday morning. >> you know it actually is off to a very nice start. we were look at some of that road work. it's been picked up in many areas if that is very good news. also checking in with public transportation....
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Dec 21, 2012
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the house has already passed bills addressing the fiscal cliff. we passed a bill replacing the president's sequester with responsible spending cuts and did it last may. we passed a bill to stop all the tax hikes on the american people scheduled to take effect january the 1st, and we did that on august the 1st. and we proposed plans over and over again that democrats used to support but now they won't. i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy, and he simply won't deal honestly with entitlement reform and the big issues that are facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to work with our colleagues in the house and the senate on a plan tha
the house has already passed bills addressing the fiscal cliff. we passed a bill replacing the president's sequester with responsible spending cuts and did it last may. we passed a bill to stop all the tax hikes on the american people scheduled to take effect january the 1st, and we did that on august the 1st. and we proposed plans over and over again that democrats used to support but now they won't. i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house....
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Dec 6, 2012
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off the fiscal cliff? >> officials hearsay there is still time to reach an agreement. they say there has been progress. republicans are now agreeing to incrows tax revenue even though they still don't want to raise tax rates. the folks here shrug off the fact there hasn't been a meeting of the president in a couple of weeks. and they suggest there won't need to be a meeting until republicans are ready to give in. >> it is our view that simply having conversations c congressional leaders will not produce a deal. what will produce a deal is an acknowledgment by republicans, republican leaders that rates on the top two percent, the wealthiest americans have to rise. there is no deal without that acknowledgment. >> the treasury secretary gite neither says the -- tab eitner says they are ready to go over the cliff. if republicans won't let the tax cuts expire, they say it is not a threat. shepherd? >> it is easy to say why they would be making those statements when there was a recent survey that showed 53% of p
off the fiscal cliff? >> officials hearsay there is still time to reach an agreement. they say there has been progress. republicans are now agreeing to incrows tax revenue even though they still don't want to raise tax rates. the folks here shrug off the fact there hasn't been a meeting of the president in a couple of weeks. and they suggest there won't need to be a meeting until republicans are ready to give in. >> it is our view that simply having conversations c congressional...